Bruce Tannas
(587) 899-1903
First Place Realty
403-547-8401
518 2 Avenue
Bassano , Alberta T0J 0B0
Bassano , Alberta T0J 0B0
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518 2 Avenue For Sale
$239,500
ATTENTION INVESTORS - Looking for a commercial investment opportunity in a well-maintained building with good tenants? Look no further than this! The building has three 500 sq foot bays which are currently leased by two tenants, one with a 500’ bay and the other with two 500’ bays, with leases that last until mid 2027 and 2028, respectively. Property also features low maintenance cinderblock construction with metal siding and recent roof replacement. Don’t miss this chance to earn an estimated Cap Rate of 6%. Contact your commercial Realtor® or the listing agent today to learn more about this opportunity.
Transaction Type
For Sale
For Sale
Title
Fee Simple
Fee Simple
Zoning
C1
C1
Subdivision
NONE
NONE
Building Type
Free-Standing,Mixed Use,See Remarks,Street Level Storefront
Free-Standing,Mixed Use,See Remarks,Street Level Storefront
Year Built
1980
1980
Structure Type
Flex
Flex
Property Type
Commercial
Commercial
Property Sub Type
Mixed Use
Mixed Use
Legal Plan
3872T
3872T
Building Area (Sq. Ft.)
1530.15
1530.15
Building Area (Sq. M.)
142.15
142.15
Construction Type
Concrete,Metal Siding ,Mixed
Concrete,Metal Siding ,Mixed
Roof
Flat
Flat
Cooling
Central Air
Central Air
Heating
Central,Natural Gas
Central,Natural Gas
Access to Property
Direct Access,Public
Direct Access,Public
Inclusions
None
None
Restrictions
Encroachment,See Remarks
Encroachment,See Remarks
Reports
Leases,RPR
Leases,RPR